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Financial Institutions
EGP hovers vs USD in early Wednesday trade
The Egyptian pound (EGP) almost steady against the US dollar (USD) during early trading on Wednesday, June 18, …
Egypt’s parliament approves 2025/26 economic, social development plan
Egypt’s parliament approved Tuesday the government’s economic and social development plan for the 2025/2026 fiscal…
Egypt sticks to reform path, aims for 4.5% growth despite regional turmoil: Al-Mashat
Egypt is targeting economic growth of 4.5 per cent in the 2025/2026 fiscal year, up from an estimated 2.4 per cent…
IFC reopens Egypt hub, seeks stronger investment ties
Egypt’s Minister of Planning and Economic Development Rania Al Mashat and the Managing Director of the…
Egypt’s FRA to regulate real estate platforms
Egypt’s Financial Regulatory Authority (FRA) is preparing a new framework to regulate electronic platforms…
Fitch warns Israel-Iran conflict may weigh on ME sovereign credit profiles
The ongoing Iran-Israel military conflict has heightened regional security risks, with Fitch Ratings warning that a…
Egypt’s Thndr debuts advanced trading platform for seasoned investors
Thndr, Egypt’s leading investment platform, has launched Thndr Trader, a new subscription plan targeting…
Egypt’s FRA doubles insurers’ investment cap in commodity, metal funds
Egypt’s Financial Regulatory Authority (FRA) has raised the maximum share of funds that insurance and reinsurance…
Egypt, IFC explore new investment avenues
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib met with the Managing Director of the…
Egypt’s NBE, EIB sign investment grant deal to support green industry drive
The National Bank of Egypt (NBE) signed an investment grant agreement on Sunday with the European Investment Bank…